NOT LISTED FOR SALE

Estimated Value: $942,000 - $1,168,000

7 Beds
4 Baths
3,110 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $683,400 $220 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,534/month

421 Days on Market

Highlights

  • Property is near park
  • Private Yard
  • Paved or Partially Paved Lot
  • Long Beach Polytechnic High School Rated A

About This Home

As of August 2017

Spacious 3 Bedroom 2 Bath Single Family Residence with a 2 story Duplex in the rear! The Front House is a Single Story Large Home of Aproximately 1,700 Square Feet and it has it's own parking on a long driveway that can fit 3 or 4 cars! Or an RV or Boat and 1 or 2 Cars! It has a Super Huge Master Bedroom, a Large Bedroom and an Average size Bedroom!

The rear Duplex has a 2 bedroom 1 bath unit on ground level and another 2 bedroom 1 bath unit directly above it. Both units have 2 parking spaces each which are accessible from the alley and both have their own gates that have their own locks. This property is walking distance to shopping, schools, park, skateboard park, Church & bus routes!
This property also has a Front Yard and a large space with a garden area between the front house and the duplex, plus another yard along the side of the duplex! There is also a Storage Shed!

Last Agent to Sell the Property

Roland Avalos

West Coast Realty & Asset License #01103269 Listed on: 04/18/2016

Last Buyer's Agent

Sara Cramer

Realty One Group West License #01889507

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 7,503 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Home Design

  • 3,110 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Rain Gutters
  • Property is near park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Assessor Parcel Number 7269013037

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,106
  • Trash Expense $507
  • Water Sewer Expense $2,057
  • New Taxes Expense $9,375
  • Operating Expense $13,045
  • Net Operating Income $34,955

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 2057.00
  • Property Type: Residential Income
  • Parcel Number: 7269013037
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 219.74

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 507.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Level, Lawn, Lot 6500-9999, Paved, Park Nearby, Yard
  • Lot Size Sq Ft: 7503.00
  • Price Per Lot Square Foot: 97.29

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1106.00
  • Net Operating Income: 34955.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13045.00
  • Rent Control: No
  • Total Expenses: 13045.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Lot: 3
  • Tax Tract Number: Allen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
Cramer Warren E and Cramer Sara J
Bought by
Cramer Warren Edward and Cramer Sara Joy
Current Estimated Value
$1,097,046

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 15, 2017
Sold by
Alva Rosa and Alva Juan
Bought by
Cramer Warren E and Cramer Sara J
Seller's Agent
Roland Avalos
West Coast Realty & Asset
Buyer's Agent
Sara Cramer
Realty One Group West
List Price
$749,999
Sold Price
$683,400
Premium/Discount to List
-$66,599
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$489,400
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2003
Sold by
Alva Adriana
Bought by
Alva Rosa and Flores Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
5.78%

Purchase Details

Closed on
Dec 1, 2000
Sold by
Lam Heng K and Lam Linda S
Bought by
Alva Rosa and Flores Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,137
Interest Rate
6.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cramer Warren Edward -- None Available
Cramer Warren E $683,500 Fidelity National Title Co
Alva Rosa -- Security Union
Alva Rosa $250,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cramer Warren E $489,400
Previous Owner Alva Rosa $257,000
Previous Owner Alva Rosa $246,137
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2017 08/01/17 Sold $683,400 -6.4% $220 / Sq Ft
08/26/2016 08/26/16 Price Changed $729,990 -2.7% $235 / Sq Ft
04/18/2016 04/18/16 For Sale $749,999 -- $241 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,253 $777,588 $341,347 $436,241
2024 $10,253 $762,342 $334,654 $427,688
2023 $10,082 $747,395 $328,093 $419,302
2022 $9,476 $732,741 $321,660 $411,081
2021 $9,279 $718,374 $315,353 $403,021
2020 $9,255 $711,009 $312,120 $398,889
2019 $9,148 $697,068 $306,000 $391,068
2018 $8,811 $683,400 $300,000 $383,400
2017 $4,425 $324,576 $142,812 $181,764
2016 $4,102 $318,212 $140,012 $178,200
2015 $3,945 $313,433 $137,909 $175,524
2014 $3,932 $307,294 $135,208 $172,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16085108

California Regional Multiple Listing Service (CRMLS)

APN: 7269-013-037